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Early this year Ensygnia was selected to speak at Rising Stars, Founders Forum’s showcase for the hottest new start-ups, held this year in New York City. As a result we had The Telegraph saying British company, Ensygnia, has developed what could be transformative technology for mobile transactions.

Later in October we were back in New York for the GMSA Mobile Money Summit. Ensygnia, along side Visa, Paypal and Groupon, took part in the session discussing innovation in mobile Point of Sale with presentations by executives from each company and finishing with a panel discussion. Ensygnia spoke about the need to give consumers a better shopping experience in both the real world and online through the creation of new ways for people to order their products and services. “Onescan enables mobile payments through the establishment of identity and by tokenising the things we use for identity,” said Harris. “This delivers a frictionless user experience with bank grade security, real-time loyalty and one of the fastest checkout experiences in the world – a sub 10 second checkout.”

At the Mobile Money Summit, Richard Handford of Mobile World Live interviewed me – watch the clip above to discover more.

UK start-up Ensygnia is a mobile payments company described as the “visual alternative to NFC”.

It’s Onescan solution is a visual alternative to NFC that works online, in-store and on the move. It turns any screen into a Point of Sale allowing customers to purchase in under 10 seconds. Even brand new ones!

Mark Bowden, Head of Finance, O2 Telefonica has said: “A comprehensively executed Ensygnia Onescan solution has the ability to deliver a step change in revenue and reduced cost base. In the case of a Pan-European high street retailer, this could credibly be in the £10’s of millions.”